Category: Move-Up Buyers

Why Buyers Need an Expert Agent by Their Side
First Time Home Buyers, For Buyers, Move-Up Buyers | May 22, 2023
Why Buyers Need an Expert Agent by Their Side

The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes. Navigating all of this can be daunting…

Homeowners Have Incredible Equity To Leverage Right Now
For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers | May 15, 2023
Homeowners Have Incredible Equity To Leverage Right Now

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your equity grows over time: “Housing…

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing | April 28, 2023
Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve been searching for a home but are concerned about…

The Three Factors Affecting Home Affordability Today
First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing | April 26, 2023
The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. Considering how each…

The Power of Pre-Approval
First Time Home Buyers, For Buyers, Move-Up Buyers | April 24, 2023
The Power of Pre-Approval

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in…